Companies Rush to Borrow

Firms Fill Up on Debt Before Fed Closes Door on Easy Credit

U.S. companies are racing to fill up on borrowed money, amid worries that interest rates are set to rise once the Federal Reserve ends its support for financial markets next month.

Johnson & Johnson staged its biggest bond deal on record Tuesday. Texas Instruments Inc. raised debt for the first time in more than a decade Monday, and Google Inc. sold its first bond ever. Smaller companies like Great Plains Energy Inc. are also...